Gold collapsing. Bitcoin UP.

[molecular]

But I agree BTC has the higher chance for gain, while PM's are safer.

Interestingly my brother, who has been reluctant to invest in either BTC nor metals up to recently told me today that he considered the metals to be pretty risky and started putting fiat into bitcoin three weeks ago. While being new to both kinds of "investment", he seems to feel more comfortable with bitcoin than with metals.

Welcome to the Age of the Internet!    Let me guess; he's probably 14 yo. 

He's in his 30s, has 2 kids.

About the tungsten being as bad as bitcoin somehow hacked: It's even worse: at least with bitcoin we would know, since all "coins" are accounted for. Also: the bitcoin you have can't suddenly turn out to be "fake". With gold, you just don't know until you try to sell to someone who is suspecting enough to check.

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[cypherdoc]

But I agree BTC has the higher chance for gain, while PM's are safer.

Interestingly my brother, who has been reluctant to invest in either BTC nor metals up to recently told me today that he considered the metals to be pretty risky and started putting fiat into bitcoin three weeks ago. While being new to both kinds of "investment", he seems to feel more comfortable with bitcoin than with metals.

Welcome to the Age of the Internet!    Let me guess; he's probably 14 yo. 

He's in his 30s, has 2 kids.

About the tungsten being as bad as bitcoin somehow hacked: It's even worse: at least with bitcoin we would know, since all "coins" are accounted for. Also: the bitcoin you have can't suddenly turn out to be "fake". With gold, you just don't know until you try to sell to someone who is suspecting enough to check.

Why molecular; do I sense a preference for Bitcoin over gold?  Omg!

I'm slowly breaking you all down!

[molecular]

But I agree BTC has the higher chance for gain, while PM's are safer.

Interestingly my brother, who has been reluctant to invest in either BTC nor metals up to recently told me today that he considered the metals to be pretty risky and started putting fiat into bitcoin three weeks ago. While being new to both kinds of "investment", he seems to feel more comfortable with bitcoin than with metals.

Welcome to the Age of the Internet!    Let me guess; he's probably 14 yo. 

He's in his 30s, has 2 kids.

About the tungsten being as bad as bitcoin somehow hacked: It's even worse: at least with bitcoin we would know, since all "coins" are accounted for. Also: the bitcoin you have can't suddenly turn out to be "fake". With gold, you just don't know until you try to sell to someone who is suspecting enough to check.

Why molecular; do I sense a preference for Bitcoin over gold?  Omg!

I'm slowly breaking you all down!

I have always preferred bitcoin over gold

[silverbox]

There really is a very simple solution for the tungsten problem if it concerns you, it doesn't concern me at all, tungsten is actually very difficult to form and work, because of its extremely high melting temp 6,192 Degrees F (I was melting some just last night in my oven in the kitchen!! ). 

Buy Platinum, it has a higher density then W.  If a Platinum coin passes a weight and volume measurement, its the real deal fo' su'e..

I do own Platinum about the same amount as my gold.

[adamstgBit]

But I agree BTC has the higher chance for gain, while PM's are safer.

Interestingly my brother, who has been reluctant to invest in either BTC nor metals up to recently told me today that he considered the metals to be pretty risky and started putting fiat into bitcoin three weeks ago. While being new to both kinds of "investment", he seems to feel more comfortable with bitcoin than with metals.

Welcome to the Age of the Internet!    Let me guess; he's probably 14 yo. 

He's in his 30s, has 2 kids.

About the tungsten being as bad as bitcoin somehow hacked: It's even worse: at least with bitcoin we would know, since all "coins" are accounted for. Also: the bitcoin you have can't suddenly turn out to be "fake". With gold, you just don't know until you try to sell to someone who is suspecting enough to check.

Why molecular; do I sense a preference for Bitcoin over gold?  Omg!

I'm slowly breaking you all down!

I have always preferred bitcoin over gold

if it wasn't for bitcoin I'd probably have some tungsten filled gold...

thank you Satoshi

[miscreanity]

Due to the nascent nature of Bitcoin it will likely continue outperforming gold; assuming Bitcoin does not become completely worthless from some type of systemic collapse.

Even if Bitcoin were to drop to zero in terms of other currencies, it would not die - the very concept carries enough merit over existing systems to attribute value.

I'd have to search for what I wrote about this earlier, but the point boils down to this: the larger the system gets, the harder it is to adapt and make changes; if an exodus occurs, modifications are then possible which would allow the system to adjust and strengthen, competing better during a resurgence.

[cypherdoc]

Due to the nascent nature of Bitcoin it will likely continue outperforming gold; assuming Bitcoin does not become completely worthless from some type of systemic collapse.

Even if Bitcoin were to drop to zero in terms of other currencies, it would not die - the very concept carries enough merit over existing systems to attribute value.

I'd have to search for what I wrote about this earlier, but the point boils down to this: the larger the system gets, the harder it is to adapt and make changes; if an exodus occurs, modifications are then possible which would allow the system to adjust and strengthen, competing better during a resurgence.

its called "routing around the problem".

[cypherdoc]

still can't get a hold of any GPL to short.  silverbox, can i borrow your shares?   

[molecular]

still can't get a hold of any GPL to short.  silverbox, can i borrow your shares?   

in case you guys need BTC escrow service, I'm here

[cypherdoc]

Gold not doing so well again.  Bitcoin holding beautifully.

[cypherdoc]

silverbox baaack in the red.

[World]

nice reading http://www.dgcmagazine.com/coinabul-a-bitcoin-to-gold-marketplace/

[cypherdoc]

Gold down again.  But so is Bitcoin.

silverbox, we need an update.

[cypherdoc]

ah yes, the sweet smell of napalm in the morning...

[SkRRJyTC]

ah yes, the sweet smell of napalm in the morning...

Paper USD burns easily... careful with that napalm.

[silverbox]

This thread was started 3/13:

Bitcoin  5.40

Gold 1690


Today 10/19:

Bitcoin 11.68 (up ~116%)

Gold 1737   (up ~3%)


PM's and BTC seem kinda stuck/stable.  

BTC is outperforming gold.

Gold remains uncollapsed.

GPL 1.92  (Silver lg  @ 1.98)

[cypherdoc]

This thread was started 3/13:

Bitcoin  5.40

Gold 1690


Today 10/19:

Bitcoin 11.68 (up ~116%)

Gold 1737   (up ~3%)


PM's and BTC seem kinda stuck/stable.  

BTC is outperforming gold.

Gold remains uncollapsed.

GPL 1.92  (Silver lg  @ 1.98)

gold=1723

time to recalculate.

[cypherdoc]

ah yes, the sweet smell of napalm in the morning...

Paper USD burns easily... careful with that napalm.

looks like we have a higher low on the daily and we're bouncing.

[SkRRJyTC]

ah yes, the sweet smell of napalm in the morning...

Paper USD burns easily... careful with that napalm.

looks like we have a higher low on the daily and we're bouncing.

I, for one, welcome another test of the huge resistance @80 

[cypherdoc]

ah yes, the sweet smell of napalm in the morning...

Paper USD burns easily... careful with that napalm.

so is tungsten.

"Tungsten particle sizes ranging from 10 microns to 0.5 micron were compared with carbon of 0.24 when burned in air. It is shown that tungsten burns as well as or better than carbon; however, the increased density specific impulse achieved with tungsten as compared with carbon verifies that tungsten as a high energy additive to hypergolic fuel gels is superior."

http://www.freepatentsonline.com/5747665.html